Credit Crunch Cuts Down Carbon Emissions

The rise of global greenhouse gas emissions has been held back by recession, according to researchers.

Experts at the Economic and Social Research Council's (ESRC) found that global emissions will be 9 per cent below the expected mark in 2012 due to the credit crunch.

But the report from the centre, hosted by the University of Leeds and the London School of Economics (LSE), warned that the lower levels will only temporarily delay the "dangerous" moment when the impacts of climate change will be much more severe, reports the Telegraph.

Professor Andy Gouldson, co-author of the report at the University of Leeds, said: "Our results show that although the downturn is likely to cause a measurable decrease in global emissions, it will only delay temporarily the relentless rise in emissions that we have seen over the past few decades.

"If we return to 'business as usual' emissions after the economic crisis is over, the profound and severe risks of climate change impacts will continue to grow.

"So the global downturn does not remove the urgent need for a strong agreement to be reached at the United Nations climate change conference in Copenhagen in December."

Your comments are automatically posted once they are submitted. All comments are however constantly reviewed for spam and irrelevant material (such as product or personal advertisements, email addresses, telephone numbers and website address). Such insertions do not conform to our policy and 'Terms of Use' and are either deleted or edited and republished.Please keep your comments brief and relevant.This section may also have questions seeking help. If you have the information you are welcome to respond, but please ensure that the information so provided is genuine and not misleading.

Disclaimer - All information and content on this site are for information and educational purposes only. The information should not be used for either diagnosis or treatment or both for any health related problem or disease. Always seek the advice of a qualified physician for medical diagnosis and treatment.Full Disclaimer